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872 Sheridan Street

872 Sheridan Street, Memphis, TN 38107
Sold Jul 11, 2018
$190,500
$185,000 by Orion Fcu
Mortgage Due Sep 01, 2050
872 Sheridan Street has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1932 and is 92 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 872 Sheridan Street has 2,466 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 289 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 9, 2018 for $190,500. That's $77.25 per sqft. 872 Sheridan Street was last assessed in 2022. The total value of the property was assessed at $63,025. Specifically, the land the property is located on was valued at $8,100. While improvements on the property were assessed at a total of $54,925. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,839. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 289
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,466
  • Gross Building Area: 2,466
  • Building Area: 2,466
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,466
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOSTER & STEVENSONS COLONIAL GARDENS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES SHERIDAN

Ownership

  • Current Owner : MCCOLGAN ANDREW
  • Current Owner 2: MCCOLGAN CANDICE
  • Previous Owner : SOHM JULIA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 9-3
  • District: O
  • Parcel: 03-6074-0-0025
  • Lot: 109
  • Municipality: MEMPHIS
  • Latitude: 35.1609
  • Longitude: -89.9922

    Address

  • Full Address: 872 Sheridan St
  • Address - House Number: 872
  • Address - Street Name: Sheridan
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C093
  • 4-Digit Zip Code: 4611
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,839

    Appraisal Valuation

  • Standard Deviation: 0.2512
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 304,265
  • High Value: 380,720
  • Low Value: 227,810

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: ORION FCU
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: ORION FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 11, 2022
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 16, 2042

    Market Valuation

  • Market Total Value: $252,100
  • Market Land Value: $32,400
  • Market Improvement Value: $219,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,025
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $54,925

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 11, 2018
  • Current Sale Transaction ID: 11480545182
  • Current Sale Price: $190,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18069167

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Jul 11, 2018
  • First Mortgage Loan Amount: $180,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

About Midtown



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Nearby Rentals

Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 872 Sheridan Street located in?
The 872 Sheridan Street is a house located in the neighborhood of University Lane in Midtown, Memphis.
What is the average sales price for listings in 872 Sheridan Street?
The average sales price for units in 872 Sheridan Street is $0 currently.

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